The company will deploy 10,000 LNG and electric trucks.
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People Digest: Moglix appoints new CFO; SG's Finmo names CMO
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China to raise technical standards for EV batteries to reduce explosion risks
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India: Ujala Cygnus to buy Amandeep Hospitals; ASG to acquire Prism Eye Institute
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India Digest: Centre for Teacher Accreditation, Cura Care in funding news
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Malaysian telco U Mobile to partner with China's Huawei, ZTE for 5G network
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Whatever creative structure is used, value creation must prevail: Gaia Investment Partners
Indonesian agritech startup Semaai said to have closed bridge round
ABC Impact closes Fund II with expanded LP base, including ADB
GXS Bank acquires Validus Group’s SG business to grow SME lending
Indonesia’s Fore Coffee surges 34% on market debut
Singapore
Key investors in SEACEF II include IFC, FMO, BII, and Norfund, among others.
India
TPG will invest through TPG Rise Climate, its climate investing platform.
The two are jointly committing $80 million in financing to solar energy company ib vogt Singapore.
Greater China
Fengmiao I will be constructed by international and local suppliers.
Malaysia
The government is promoting affordable EVs.
Vemanti also plans to buy the remaining 49% of XPLOR.
DBS committed S$89 billion in sustainable finance, net of repayments, in 2024.
Reliance New Energy Solar also received a similar letter.
There needs to be a concerted effort among SE Asian markets to develop integrated grids.